Global Direct Air Carbon Capture Industry Report 2024: Innovations and a Global Commitment to Net Zero Targets and CO2 Utilization Will Create a Paradigm Shift in Deployment

Dublin, Feb. 23, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the Direct Air Carbon Capture Industry" report has been added to's offering.

Direct air carbon capture (DACC) is a negative-emission carbon dioxide reduction technology that directly captures CO2 from the air with solid or liquid adsorbents/solvents and then uses a heat source to desorb the CO2. It is a rapidly emerging and dynamic segment of the carbon capture, utilization, and storage industry.

DACC is still in the early stages of development and faces many challenges, but it will play a pivotal role in companies' decarbonization strategies in the decades ahead. As decarbonization becomes a priority across many industries and carbon-neutrality deadlines approach, DACC will present growth opportunities in the next decade and beyond in the areas of technological innovation, business model evolution. The industry today is a hotbed of innovation, and the competitive environment includes an array of participants ranging from start-ups to multinational companies.

This study provides a comprehensive analysis of the global DACC market to 2040, including revenue forecasts, carbon capture capacity, prominent technologies, regional splits, industry trends, a competitive analysis, and growth opportunity identification.

Key Growth Opportunities:

  • Growth Opportunity 1: DACC with CO2 Used for SAF
  • Growth Opportunity 2: DACC in the Transport Industry to Offset Emissions
  • Growth Opportunity 3: Urea Produced from CO2 Captured Using DACC

Key Topics Covered:

Growth Environment

Growth Opportunity Analysis

  • Scope of Analysis
  • DACC Value Chain and Ecosystem
  • DACC Technologies
  • Policies Supporting DACC Growth
  • Key Competitors
  • Growth Metrics
  • Growth Drivers
  • Growth Restraints
  • Forecast Considerations
  • Revenue and Annual Capacity Addition Forecast
  • Revenue Forecast by Region
  • Annual Capacity Addition Forecast by Region
  • Revenue Forecast Analysis
  • DACC Cost Comparison Without Carbon Price
  • Action Plan to Reduce DACC Costs and Scale Up Projects
  • Endgame Scenarios for Profitable DACC Implementation

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